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Property profile & analytics
OFF-MARKET
Office Spaces
1106 El Dorado Pl, Tucson, AZ 85715-4606
Entity Owned
1-yr Hold
Free & Clear
Property ID
US07-1322073
Property summary
AI-generated overview
This 1,974 square foot medical office building in Tucson, Arizona, presents a compelling investment opportunity. Built in 2004, the single-story property sits on a 3,950 square foot lot and is zoned C-1. Currently leased to a well-established veterinary clinic until December 31, 2028, with two five-year renewal options, the lease features 3% annual rent bumps. The property boasts specialized facilities including exam rooms, an operating room, a lead-lined MRI/X-ray room, reception area, break room, conference room, offices, and two restrooms. The building enjoys high visibility due to its location facing Speedway Boulevard, near both TMC and St. Joseph's Hospital. The asking price is $399,000, representing a pro-forma cap rate of 6.70% and a pro-forma NOI of $26,744. The current rent is $15.65 per square foot, modified gross. This turnkey investment offers a secure income stream in a thriving medical sector. The property's APN is 133-14-8230.
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
2004
Construction
FRAME
Total area
1,976 SF
Lot
0.09 ac (3,950 SF)
APN
133-14-8230
UPID
US07-1322073
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Desert Paws Mobile Veterinary Care Veterinary Clinic
-
Dr. Steven N. Steinberg, MD Physician
-
Hanks Shelli MD Physician
-
Dr. Manas Jain, MD Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
B & S Development LLC · 1 yrs held
B & S Development LLC
since 2025
Last sale
$380,000
4 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Tucson submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Tucson submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$5,616
Tax year 2023
Assessed value
$52,950
Assessed 2024
Previous assessed
$45,050
+17.5% YoY
Effective rate
10.61%
On assessed value
Assessed land
$14,220
Assessed improvement
$38,730
Land market value
$79,000
Improvement market value
$215,167
Total market value
$294,167
Applied tax rate
150.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Status
Off-Market
Year built
2004
Construction
FRAME
Heating
YES
Cooling
YES
Stories
1
Total area
1,976 SF
Lot
0.09 ac (3,950 SF)
APN
133-14-8230
UPID
US07-1322073
Jurisdiction
PIMA
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
2004
Construction
FRAME
Heating
YES
Cooling
Yes
Stories
1
Lot
0.09 ac
Current owner
From public records · entity-resolved
B & S Development LLC
Entity
Free & Clear · 1 yrs held
Mailing address
1102 N EL DORADO PL, TUCSON, AZ 85715-4606
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 11, 2025
$380,000
B & S Development LLC
K & S Leasing LLC
Special Warranty Deed
—
Oct 2, 2009
—
K & S Leasing LLC
Lawyers Title Of Arizona INC
Re-recorded Document
related
—
Feb 26, 2008
—
K & S Leasing LLC
Lawyers Title Of Arizona INC
Correction Deed
related
—
Dec 14, 2007
—
K & S Leasing LLC
Lawyers Title Of Arizona INC
Special Warranty Deed
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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